Ryan S. Keeton - Jun 9, 2022 Form 4 Insider Report for CARVANA CO. (CVNA)

Role: Chief Brand Officer
Signature: /s/ Paul Breaux, by Power of Attorney for Ryan S. Keeton
Stock symbol: CVNA
Transactions as of: Jun 9, 2022
Transactions value $: $737,840
Form type: 4
Date filed: 6/13/2022, 07:35 PM
Previous filing: Jun 8, 2022
Next filing: Jul 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVNA	Class A Common Stock	Purchase	$475K	+20K	+26.93%	$23.74	94.3K	Jun 9, 2022	Direct
transaction	CVNA	Class A Common Stock	Purchase	$263K	+12K	+12.73%	$21.92	106K	Jun 10, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person's sale of 7 shares of Issuer class A common stock on February 1, 2022 to pay certain required taxes, despite the Reporting Person having no control over the tax methodology decision made by the Issuer, was matchable under Section 16(b) of the Securities Exchange Act of 1934 with the Reporting Person's purchase of 7 shares of Issuer class A common stock at $21.92 per share on June 10, 2022. The Reporting Person previously paid the Issuer $982.17 in connection with a purchase of 7 shares of Issuer class A common stock at $24.47 on June 7, 2022. The Reporting Person has paid the Issuer an additional $17.85, which, in addition to the Reporting Person's prior payment, represents the full amount of the profit realized in connection with the short-swing transactions.

Content

The Reporting Person's sale of 7 shares of Issuer class A common stock on February 1, 2022 to pay certain required taxes, despite the Reporting Person having no control over the tax methodology decision made by the Issuer, was matchable under Section 16(b) of the Securities Exchange Act of 1934 with the Reporting Person's purchase of 7 shares of Issuer class A common stock at $21.92 per share on June 10, 2022. The Reporting Person previously paid the Issuer $982.17 in connection with a purchase of 7 shares of Issuer class A common stock at $24.47 on June 7, 2022. The Reporting Person has paid the Issuer an additional $17.85, which, in addition to the Reporting Person's prior payment, represents the full amount of the profit realized in connection with the short-swing transactions.